Quote:
Originally Posted by Ross
I understand that NFL, MLB etc are worth a ton of money, it's apparent with the salaries that the players get but think about the top soccer players in EU and what they earn, it's on par with your top Baseball/Basketball players, there isn't many of them making that kind of money but the top top guys can pull in $30-40 million a year with salary and endoresements.
High level players make anywhere up to $300,000 a week and your average players in major leagues are making $30-70k a week, so while the top range isn't enjoyed by the majority, the average range is certainly higher than what your average NFL guy will get.
My point is, there is huge advertising revenue in EU Football, the Barclays Premier League just renegotiated their TV deal for $3 billion per season, just for the top tier league which is 20 teams. Put merchandise, season tickets, other competitions, player sales etc all on top, the biggest teams are worth more than your biggest NFL or Hockey team.
Source NFL top teams: http://www.forbes.com/nfl-valuations/
Source EU top football teams: http://www.forbes.com/soccer-valuations/
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I think his point has some validity in that the major sports didn't want the competition. TV sports were dominated by the big three(4) networks for decades. The money on the TV ads is not what they want or expected. The NFL takes breaks to get more ads in. Can you imagine doing that in soccer? The guys just stop the action and stand around so that TV ads can be shown?
You can imagine in countries where soccer is almost the only sport that their advertising revenue is going to be bigger. The US splits between the big three with some sad sisters who do surprisingly well.